mutual fund


Mahindra AMC eyes Rs 7,000 Cr AUM in FY2018-19: MD&CEO

Jul 23 2018 | 1 hrs ago

Mahindra Asset Management Company has set a target to handle assets under management of about Rs 7,000 crore and increase its presence to 500 cities during the current financial year, its MD and CEO, Ashutosh Bishnoi said.

Sebi orders attachment of bank, demat ac/s of Exelon Infra, 3 directors

Jul 18 2018

Sebi has ordered the attachment of bank and demat accounts as well as mutual fund holdings of Exelon Infrastructure and its three directors to recover dues of over Rs 46 lakh.

Mutual Fund industry rebounds in June

Jul 17 2018

The mutual fund industry picked up in June with total net inflows of Rs 46,475 crore as against net outflows of Rs 50,000 crore in May, rating agency ICRA said.

Dalal Street ready for Rs 14,000-cr IPOs

Jul 15 2018

The IPO lane is getting busy as at least seven companies, including Lodha Developers and HDFC Mutual Fund, are expected to hit the capital market in the coming week to raise over Rs 14,000 crore.

Repo market can deepen corporate bond market: Report

Jul 11 2018

Repo platforms launched by leading bourses for tripartite repurchase of corporate bonds is expected to improve liquidity and investor appetite for these securities, which in turn will boost the corporate debt market, said a report.

Gold ETFs see Rs 150 cr outflow in Q1; asset base slumps 12%

Jul 10 2018

Gold ETFs continued to lose steam with investors pulling out nearly Rs 150 crore from the instrument in the April-June quarter, favouring equities.

Home bias props up Indian stocks in face of foreign sales

Jul 10 2018

India's broader index .NSEI has gained about 3 percent this year, compared with a 5 percent fall in MSCI Asia ex-Japan index .MIAPJ0000PUS.

Groww raises USD 1.6 mn funding from Insignia Ventures, others

Jul 09 2018

Investment platform Groww today said it has raised USD 1.6 million (about Rs 11 crore) in funding from a clutch of investors including Insignia Ventures, Lightbridge, Kairos among others.

Fund-raising via IPOs almost doubles to Rs 23,670 cr in H1 2018

Jul 08 2018

In a blockbuster performance, as many as 18 cos have raised a staggering Rs 23,670 crore through IPO in the first half of this year, almost double from the year-ago period.

Yes Bank shares gain 4% on Sebi's nod for mutual fund biz

Jul 05 2018

Shares of Yes Bank rose by 4 percent after the company received approval from capital markets regulator Sebi to start mutual fund business.

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